1. Since 1978

2. 1. WHERE WE ARE 2. WHERE WE’RE GOING 3. HOW WE’RE GETTING THERE Since 1978

3. 1. WHERE WE ARE 2. WHERE WE’RE GOING 3. HOW WE’RE GETTING THERE Since 1978

4. Proposed Purchase of Current Building: Why now? Owner actively marketing the property for sale and has attracted offers from several interested potential buyers – Owner interested in having the church to buy the building even if at lower price than other offers Good time to buy – Low interest rates and property values – Both likely to increase in coming years Provides a permanent home for the church – Current lease expires in two years – New owners likely to raise rent or seek other tenants when lease expires – No moving expenses – No tenant improvements anticipated upon purchase by church Unexpected 1:1 matching gift of up to $500,000 from anonymous donor to assist in purchase of current building – Allows church to leverage additional gifts and contributions

5. Proposed Purchase of Current Building What will it cost? Purchase price = $2.5 million (agreed) – List price = $2.9 million – Leaders believe this is a fair price based on pricing of comparable buildings Mortgage = $1.5 million (needs to be obtained) – Leaders in process of determining loan availability and terms with several banks Contributions = $1 million (needs to be raised)

6. Proposed Purchase of Current Building What is the financial impact? Current monthly building payments – Monthly rent payment= $9,850 – Proportional share of utilities/other building expenses (approximately)= $2,000 Changes in monthly cash flow over first three years: – Estimated monthly mortgage payments = $8,050 Estimate based on $1.5 million 30 year fixed loan, at 5% interest Loan availability and terms are being discussed with banks so this estimated monthly mortgage payment could change – Owner lease back rental income to church= $4,250 Owner has agreed to a 3 year lease on currently occupied premises as a condition of sale (4250 sq. ft.) – Proportional share of utilities/other building expenses = Same – A dditional monthly ownership expenses = TBD Includes some taxes, increased utility and building expenses not included in owner lease. Actual amount being determined. Current assumption: Church should save $2,500-3,000 per month during this 3yr lease period

7. Proposed Purchase of Current Building What is the financial impact? After three years, owner lease agreement expires, – Rental income will stop and church will responsible for all building expenses Church will have two alternatives at that time: – Expand into the remaining space Will depend on the financial ability of the church to absorb the loss of rental income and additional building ownership expenses included in lease This will require an offsetting increase in church revenues through increased giving, congregational growth, or both – Seek a new renter for remaining space or extend owner lease back agreement Continue receiving the estimated monthly cash flow savings Ability to rent this space is uncertain and will depend on economic and rental market conditions at the time

8. Proposed Purchase of Current Building What is needed? Commitments for $500,000 in new contributions are needed within the next 90 days – To be matched 1:1 by the anonymous gift to get to $1 million required to complete the purchase Current church building fund ≈ $200,000 – To remain intact and available for future needs of the building and property after the purchase

9. 1. WHERE WE ARE 2. WHERE WE’RE GOING 3. HOW WE’RE GETTING THERE Since 1978

10. MISSIONS YOUTH GENERATIONS GOD’S LEADING

11. Therefore Go… Matthew 28:19

12. International Ministry Partners Boy with a Ball – The Johnson family Gospel Relief Missions – The Northrup family CSM – The Simpson family International Outreach Ministries – The Coll and McCarty families

13. International Ministry Partners Campus Crusade for Christ – The Schenkel family North India Ministries – The Ibrahim family Kenya Ministry Training Institute – The Curtis family El Reino de los Niños – The Shockey family

14. International Ministry Partners What more could we do with less monthly overhead?

15. MISSIONS YOUTH GENERATIONS GOD’S LEADING

16. “To SERVE the Emerging Generation”

17. Sunday School VBS

18. VBS 2005

19. VBS 2012

20. “To SERVE the Emerging Generation” Sunday School VBS Jr. High & High School YOUTH GROUP!

21. Owning this building: Several options to reconfigure classrooms for all age groups. Permanent home for VBS. Outside Area!

22. “To SERVE the Emerging Generation”

23. THIS is for THEM!

24. MISSIONS YOUTH GENERATIONS GOD’S LEADING

25. One plants, another waters, but God gives the increase

26. GENERATIONS WORSHIP COVENANT

27. MISSIONS YOUTH GENERATIONS GOD’S LEADING

28. Unless the LORD builds the house, its builders labor in vain. Psalm 127:1

29. Our History, Our Mission, Our Church The Lord Leads and the Devil Pushes – Psalm 1:6 We have been led into this Purchase Opportunity

30. Our History Saddleback Covenant Church was founded in 1978 with the expressed purpose of gathering people and resources to establish a local church and provide a platform to extend the kingdom of God.

31. This Building helps facilitate our Mission The mission of Saddleback Covenant Church is to SERVE the emerging generation by SHARING the victorious message of God’s love, DEMONSTRATING His power, and MODELING His care. To be a people GROWING in Christ, EFFECTIVE in service, and COMMITTED to Biblical principles & values. To focus on STRENGTHENING family life & relationships, BUILDING young people, and PROVIDING individuals with TRAINING & EQUIPPING to carry their ministry into the Community, State, Nation and World.

32. Our Building This building is about extending the Kingdom of God not about increasing the population of the church This building is meant to serve the body not to be a burden. Combination of Leadership, Membership, Economy, Energy, Interest Rates, Prayer, Unity, Vision, Matching Fund, History of the Building and Room for growth

33. 1. WHERE WE ARE 2. WHERE WE’RE GOING 3. HOW WE’RE GETTING THERE Since 1978

35. Don’t allow this decision to become a burden. How Are WE Going To Get There I would venture to guess that not many of us are sitting on a surplus of wealth and treasures that we just don’t know what to do with. If God doesn’t put an amount on your heart today be at peace with that. We would suggest that you open your heart and your mind and listen to see where God is directing you.

36. How Are WE Going To Get There No one will be judged on how much you give. Just know that every dollar you give is doubled. This opportunity will serve to bring us closer together as a church family.

37. How Are WE Going To Get There

38. One of my favorite lessons from Pastor Kevin’s is How Are WE Going To Get There “what ever happens don’t take your ball and go home”

39. UPDATED WEEKLY Raised To Date: $11

40. Since 1978